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Trump SEC pick Jay Clayton defending banks

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follow the latest news of” banks around the world ” from different sites most famous technicals /Paul R. La Monica by 2017-01-05 at 5:13

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Big banks counting on love from Trump and Fed

Big banks counting on love from Trump and Fed*/

– Bank stocks soared after Donald Trump’s victory in November.And the sector is off to a hot start in 2017 as investors continue to bet on an unwinding of some of President Obama’s Wall Street reforms and more rate hikes from the Federal Reserve.JPMorgan Chase (JPM) hit an all-time high Wednesday.
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POINT OF VIEW Trump can help the community banks

POINT OF VIEW Trump can help the community banks*/

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Trump SEC pick Jay Clayton defending banks

Trump SEC pick Jay Clayton defending banks*/

– President-elect Donald Trump will nominate Jay Clayton, a Wall Street lawyer, to head the Securities and Exchange Commission, according to transition sources.Clayton, a partner at Sullivan and Cromwell, has represented numerous Wall Street giants and has even defended financial institutions against regulators.According to Clayton’s biography on Sullivan and Cromwell’s website, he represented multiple banks during the financial crisis including Barclays during its purchase of Lehman Brothers, Bear Stearns in its sale of itself to JPMorgan, and Goldman Sachs during its investment from Warren Buffett and the US TARP program.
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